Benefits of Home Ownership

Why should you buy a home?

A home is more than a house ‚ÄĒ it's an investment in your future. Learn about the benefits of home ownership, from property value appreciation to major tax deductions.

Benefits of Buying a Home

 

Buying a home is a major accomplishment and a huge investment in your future. Homeownership comes with some challenges, but it also comes with some major benefits. 

Appreciation

While it's true the real estate market moves in cycles ‚Äď sometimes it's up, sometimes it's down ‚Äď it's also true that, over time, real estate consistently appreciates, and is generally considered a smart investment.

Mortgage Interest Deductions

Home ownership is a great tax -shelter, and tax rates favor homeowners. As long as your mortgage balance is smaller than the price of your home (and the improvements you've made), mortgage interest is fully deductible on your tax return. Interest is the largest component of your mortgage payment.

Property Tax Deductions

Real estate property taxes paid for a first home are fully deductible for income tax purposes

Home Buying Articles

Before You Buy

Buying a home is an exciting time and a huge achievement. Before you buy that welcome mat, here are 11 things you should know and do.

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What Not to Do

A lot of first-time home buyers make the same mistakes. So, before you buy that welcome mat, here are 7 things to avoid when buying your first home.

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How Long Does it Take?

Tired of renting? Learn about the steps to buying a house in the Bay Area, how long it takes, and how to speed up the process.

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Frequently Asked Questions for First-Time Homebuyers

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Hannah & Martin, SFUSD supporters.
Putting them first since 2017.
Buy a Home

How it works

Learn all about the home buying process, from getting pre-approved to closing on a house.

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Hannah & Martin, SFUSD supporters.
Putting them first since 2017.
Liz, proud Bay Area Native.
Putting her first since 2013.
Home Loans

Choose the mortgage that's right for you

We take the stress out of home loans, and our loan officers can help you decide which loan best meets your needs.

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Liz, proud Bay Area Native.
Putting her first since 2013.